Info!! Trading Alongside Your Signature Style

One of the things I've constitute amid successful traders is that they educate ways of looking at markets that:  a) are master copy in addition to b) that brand smashing feel to them.  The originality of their perspectives helps them encounter what others don't.  The familiarity of the perspectives helps them align their cognitive strengths (how they best procedure information) alongside their determination making.  Very oft this agency that successful traders merchandise alongside a signature style, non a generic one.  Working alongside mentors in addition to researching markets in addition to marketplace patterns are real helpful inwards developing the raw materials for one's signature style.

Above is a nautical chart of the ES futures from August 22nd to the introduce (blue line).  Each information indicate represents 500 cost changes inwards the contract; these are effect bars, non time-based bars.  The cerise trace of piece of job is what I telephone phone the Power Measure.  It's a running correlation of cost alter in addition to volatility.  In short, the Power Measure tells you lot when volatility is fueling directional moves:  when that fuel is waxing in addition to waning.  That makes feel from my perspective, because I ideally desire to participate inwards directional moves inwards which volatility is rising inwards the management of my trade.

When you lot educate your ain metrics in addition to ways of looking at markets, the patterns that repeat themselves choke ones that are intimately familiar to you.  It's because they are *your* patterns that you lot are able to follow them, exam them, in addition to ultimately trust them.  I accept never met a successful trader who traded individual else's style, but every bit I've never seen a successful painter who copied others.  We encounter markets best when nosotros cultivate our ain vision.

Further Reading:  Calculating Power Measure
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